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solmaris [256]
2 years ago
15

Assume the position of a consultant hired to assess the approach toward HR management taken by a client organization. What facto

rs might you evaluate in determining whether an organization uses a traditional or strategic approach to managing its HR? Develop specific questions that need to be answered and determine which key decision makers in an organization should be asked these questions.
Business
1 answer:
SCORPION-xisa [38]2 years ago
6 0

Answer and Explanation:

The factors which needs to be evaluated in determining whether an organization uses a traditional or strategic approach to managing its HR are the Responsibility for HR, Focus area, Role of HR, HR Initiatives, Time Horizon, Control, Job Design, Key Investments and Accountability

The specific questions that need to be answered are:

How are information and resources allocated and managed?

Is the HR strategy understood by all the employees?

Is the mission and strategy integrated with the organization's goals and objectives?

These questions should be asked to the upper management personnel who make strategic decisions in the company.

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Suppose you have a production technology that can be characterized by a learning curve. Every time you increase production by on
serious [3.7K]

Answer:

a) Learning Costs Curve:

Quantity       Marginal           Total Cost ($)             Average Cost (Units)

                      Cost ($)                                                   ($/unit)

      1                $76                        $76                        $76

      2               $70                        $146                       $73

      3               $64                        $210                       $70

      4               $58                        $268                      $67

      5               $52                       $320                      $64

      6               $46                       $366                      $61

b) For a request for proposal for two units,  the break-even price for the two units is $146 ($73 per unit).

c) For two more units, the break-even price for them alone is $122 ($268 - $146).  Each unit's break-even price will be $61 ($122/2).

Explanation:

a) A break-even price is a price that is equal to the total cost.  At break-even, there is no profit and there is no loss.  The total cost equals total revenue.

b) The learning cost curve shows how the "marginal cost decreases as a result of an increase in production by one unit."  This curve can be illustrated graphically to show how the marginal and average costs reduce as a result of the increase in the quantity produced.

3 0
2 years ago
Nina is induced by her guardian Ollie to sign a contract to invest funds in Penny Stocks Inc. through Ollie’s investment firm. U
Lina20 [59]

Answer and Explanation:

Nina's guardian Ollie is putting an undue influence on Nine to sign a contract to invest funds in Penny Stocks Inc. In this way Ollie is getting benefit while exerting pressure on Nina. Nina has the option to cancel the contract on the basis of undue influence.

6 0
2 years ago
Summer Dean was walking through the mall and found a gym bag lying on the ground. The decision Dean must make as to whether to k
suter [353]

Answer:

Ethics

Explanation:

Ethics also called moral philosophy involves how an individual systemises, defends and recommends the concept of right or wrong.

Summer is facing an ethical decision of either returning the bag or keeping it for herself. Her decision will be based on her definition of right or wrong.

If her moral philosophy is one that does not see theft as something that is wrong, she will decide to keep the bag. If on the other hand she sees keeping the bag that is not her own as wrong she will decide to return it.

6 0
2 years ago
How does the buying decision process differ when consumers are shopping on the Internet or mobile device compared with shopping
LuckyWell [14K]

Explanation:

The purchase decision process on the Internet or on mobile devices compared to purchases in a physical store, differ according to the characteristics of each of the shopping environments.

According to Kotler and Keller, the consumer purchase decision process goes through 5 stages:

  1. problem or need recognition,
  2. information search,
  3. evaluation of alternatives,
  4. purchase,
  5. post-purchase behavior.

Therefore the consumer will determine which are the essential attributes when making a purchase and which ones will bring the greatest benefits.

Currently the online shopping market has grown substantially, since most individuals have access to the internet, which makes companies look for a greater online presence, which guarantees the possibility of also offering consumers greater benefits, such as greater discounts and promotions. , since, there is a reduction in systemic and physical costs when the company sells over the internet.

Therefore, online stores compared to physical stores are more likely to offer purchase and post-purchase benefits, in addition to a greater variety of products and brands available, increasing consumer choice.

4 0
2 years ago
Five years ago, Weed Go Inc. earned $1.50 per share. Its earnings this year were $3.20. What was the growth rate in earnings per
podryga [215]

Answer:

Option C 16.36% is correct.

Explanation:

We can find the growth using the following growth formula:

g = (Earning per share today / Earning per share n years ago)^(1/5)  - 1

EPS of this year is $3.2 per share and 5 ago was $1.5 per share.

So by putting values we have:

g = (3.2 / 1.5) ^(1/5)  - 1  = 16.36%

The right option is C.

7 0
2 years ago
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